The Shubert Organization Acquires Property At 22903 Lyden Dr Estero For $7.19M From Brightwork Real Estate
SOLD
$7,190,000
Florida
See Similar DealsRetail12,174 SF
SOLD
The Shubert Organization Acquires Property At 22903 Lyden Dr Estero For $7.19M From Brightwork Real Estate
22903 Lyden Dr, Estero, FL, 33928
See Similar DealsRetail12,174 SF
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$590
Total Square Footage:12,174 SF
Transaction Type:Sale
The property located at 22903 Lyden Dr, Estero, FL, 33928, was sold for $7,190,000.00. This asset features a total square footage of 12,174 and is situated in the Estero market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $7,190,000.00
- Address: 22903 Lyden Dr, Estero, FL, 33928
- Market: Estero
- Seller: Brightwork Real Estate
- Buyer: The Shubert Organization
- Seller's Representative: Doug Aronson - Calkain Co.
This transaction involved notable parties including the seller, Brightwork Real Estate, and the buyer, The Shubert Organization. Doug Aronson from Calkain Co. represented the seller in this deal, facilitating the process for Brightwork Real Estate.
Players
BROKERAGE
BROKERAGE
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$383,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,544.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,084.27
Annual Debt Service$409,011.22
Is there something missing? Send suggestions
